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Hamilton County, TN

District 7

RANK #555 / 996 NAT  ·  #15 / 33 TN  ·  POP 367,193

1YR FORECAST: -0.0%

5YR OUTLOOK: +22%

Hamilton County's housing market is projected to grow -0.0% over the next year, below the national average.

[01] Why Hamilton County?

Hamilton County, Tennessee, is often recognized for Chattanooga, its largest city and county seat, which sits along the Tennessee River. The county is located in the southern part of East Tennessee, bordering Georgia, and offers a mix of urban, suburban, rural, and mountain communities. Commutes to Chattanooga from surrounding towns like Soddy-Daisy typically range from 17 to 25 minutes. The area is known for its outdoor recreation, with attractions like Lookout Mountain, Ruby Falls, and the Tennessee Riverpark providing opportunities for hiking, water activities, and scenic views. Hamilton County Parks and Recreation manages a network of parks and green spaces, offering various recreational programs.

Life in Hamilton County offers diverse community options, from the suburban feel of Ooltewah with its schools and parks, to the historic charm of St. Elmo at the foot of Lookout Mountain. Hamilton County Schools serves over 44,000 students across urban, suburban, and rural communities. The economy sees investment in data centers and industrial/logistics sectors. Downtown Chattanooga has experienced revitalization, with growth in hospitality, residential, and commercial areas. Efforts are also underway to support local entrepreneurship through initiatives like the Small Business Resource Center.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+0.7%

Well below national median

Home Prices
-0.3%

Prices declining

Climate & Terrain
1.2

Moderate climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Erlanger Health System Healthcare
    5,000+
  2. 2
    Hamilton County Schools Education
  3. 3
    BlueCross BlueShield of Tennessee Finance
  4. 4
    Volkswagen Group of America Manufacturing
  5. 5
    Tennessee Valley Authority Energy
    2,500+
  6. 6
    CommonSpirit – Memorial Hospital Healthcare
  7. 7
    McKee Foods Corporation Manufacturing
  8. 8
    Unum Group Finance
  9. 9
    Roper Corporation Manufacturing
  10. 10
    City of Chattanooga Government
    1,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Hamilton County U.S. National

The Numbers

DEMOGRAPHICS
Population
367,193
+0.94% YoY
Median Household Income
$69,069
Median Home Value
$250,900
-0.29% 12mo
Median Rent
$1,079
Average Annual Pay
$66,004
+1.6% YoY
Employment
221,207
+1.6% YoY
Income-to-Home-Value
0.2753
More affordable than average
Migration Inflow
2.19%
of pop. from another state
Bachelor's Degree+
35.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2024)
2,130
Single-Family Permits
1,537

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.5
per 100K · nat avg 6.3
Firearm Fatalities
17.2
per 100K · nat avg 14.8
Injury Deaths
94.3
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
50.0
Good
Good Air Days
51%
535 of 1,057 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
48
2022
51
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$650M
TOTAL
PROJECT AMOUNT STATUS
Urban Story Ventures Data Center (Jailhouse Studios project)
Urban Story Ventures (in partnership with Oracle)
$500M Proposed
North River Commerce Park Development
Undisclosed (supported by TIF)
$100M Under Construction
Kordsa Chattanooga Facility Expansion
Kordsa Inc.
$50M Completed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +0.7% 13 percentile
Population Growth +0.9% 70 percentile
Income Growth +13.1% 98 percentile
Vacancy Rate 1.1% 45 percentile
Home Price Change -0.3% 28 percentile
Rent Growth +0.9% 18 percentile
Price/Rent 14x 45 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Hamilton County, TN a good place to move to?

Hamilton County scores 44/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#555). Median household income is $69,069 and job growth is running at +1.6%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Hamilton County affordable?

Housing in Hamilton County is roughly in line with national affordability norms. The median home costs $250,900 and the income-to-home-value ratio sits at 0.28, with rents averaging $1,079/month. Not a bargain, but not a stretch for most local earners either.

Is Hamilton County growing or shrinking?

Hamilton County is growing on multiple fronts. Population is up +0.9% year-over-year while employers added jobs at a +1.6% clip. Home values shifted -0.3% in the past year.

Are people moving to Hamilton County?

There's a moderate stream of newcomers. About 2.19% of residents moved from another state, which is above average and suggests Hamilton County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Hawkins County, TN 44 Bradley County, TN 48 Shelby County, TN 38 Blount County, TN 52 McMinn County, TN 54 Jefferson County, TN 55 Lehigh County, PA 45 Lubbock County, TX 43